Response Oncology (Response Oncology) Inventory Turnover : 0.00 (As of Mar. 2002)

View and export this data going back to 1989. Start your Free Trial

What is Response Oncology Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Response Oncology's Cost of Goods Sold for the three months ended in Mar. 2002 was $0.0 Mil. Response Oncology's Average Total Inventories for the quarter that ended in Mar. 2002 was $2.8 Mil. Response Oncology's Inventory Turnover for the quarter that ended in Mar. 2002 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Response Oncology's Inventory-to-Revenue for the quarter that ended in Mar. 2002 was 0.12.

Response Oncology Inventory Turnover Historical Data

The historical data trend for Response Oncology's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Response Oncology Inventory Turnover Chart

Response Oncology Annual Data

Trend

Dec92

Dec93

Dec94

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Inventory Turnover

Get a 7-Day Free Trial

23.12

26.19

26.57

27.25

Response Oncology Quarterly Data
	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02
Inventory Turnover	Get a 7-Day Free Trial															-	7.09	6.03	-	-

Response Oncology Inventory Turnover Calculation

Response Oncology's Inventory Turnover for the fiscal year that ended in Dec. 2001 is calculated as

	Inventory Turnover (A: Dec. 2001 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2001 )	/ (	(Total Inventories (A: Dec. 2000 )	+	Total Inventories (A: Dec. 2001 ))	/	count )
=	0	/ (	(3.702	+	3.193)	/	2 )
=	0	/	3.4475
=	0.00

Response Oncology's Inventory Turnover for the quarter that ended in Mar. 2002 is calculated as

	Inventory Turnover (Q: Mar. 2002 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2002 )	/ (	(Total Inventories (Q: Dec. 2001 )	+	Total Inventories (Q: Mar. 2002 ))	/	count )
=	0	/ (	(3.193	+	2.496)	/	2 )
=	0	/	2.8445
=	0.00

Response Oncology (GREY:ROIX) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Response Oncology's Days Inventory for the three months ended in Mar. 2002 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2002 )	/	Cost of Goods Sold (Q: Mar. 2002 )	*	Days in Period
	=	2.8445	/	0	*	365 / 4
	=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Response Oncology's Inventory to Revenue for the quarter that ended in Mar. 2002 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2002 )	/	Revenue (Q: Mar. 2002 )
	=	2.8445	/	22.79
	=	0.12

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Response Oncology Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Response Oncology's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Response Oncology (Response Oncology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Response Oncology Inc (GREY:ROIX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1775 Moriah Woods Boulevard, Memphis, TN, USA, 38117

Website

Response Oncology Inc provides cancer treatments and related services on an outpatient basis.

Response Oncology (Response Oncology) Headlines

No Headlines